HomeMy WebLinkAboutOrdinance 21889-09-2015 ORDINANCE NO. 21889-09-2015
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF
8756,000.00, SUBJECT TO EXECUTION OF A GRANT AGREEMENT
WITH THE UNIVERSITY OF NORTH TEXAS HEALTH SCIENCE
CENTER AT FORT WORTH AND SUBJECT TO RECEIPT OF GRANT
FUNDS FROM THE STATE OF TEXAS, AND ANTICIPATED INTEREST,
FOR OPERATIONS OF THE FORT WORTH BUSINESS ASSISTANCE
CENTER AS WELL AS RENOVATIONS AND UPKEEP OF BUILDINGS
ON THE GUINN ELEMENTARY SCHOOL CAMPUS; PROVIDING FOR
A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE
CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL
ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN
EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT
WORTH, TEXAS:
SECTION 1.
That in addition to those amounts allocated to the various City departments for Fiscal Year 2014-
2015 in the Budget of the City Manager, there shall also be increased estimated receipts and
appropriations in the Grants Fund in the amount of$756,000.00, subject to execution of a grant
agreement with the University of North Texas Health Science Center at Fort Worth and subject to
receipt of grant funds from the State of Texas, and anticipated interest, for operations of the Fort
Worth Business Assistance Center as well as renovations and upkeep of buildings on the Guinn
Elementary School campus.
SECTION 2.
That should any portion, section or part of a section of this ordinance be declared invalid,
inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or
judgment shall in no way impair the remaining portions, sections, or parts of sections of this
ordinance, which said remaining provisions shall be and remain in full force and effect.
SECTION 3.
That this ordinance shall be cumulative of Ordinance No. 21457-09-2014 and all other ordinances
and appropriations amending the same except in those instances where the provisions of this
ordinance are in direct conflict with such other ordinances and appropriations, in which instance
said conflicting provisions of said prior ordinances and appropriations are hereby expressly
repealed.
Ordinance No. 21889-09-2015
Page 1 of 2
SECTION 4.
This ordinance shall take effect upon adoption.
APPROVED AS TO FORM AND LEGALITY:
r
f,}ann�Curn A S /to Cit y Att orney jar. J. . _ � ' ti crcrt_a_-r--t'
ADOPTED AND EFFECTIVE: September 15, 2015
Ordinance No.21889-09-2015
Page 2 of 2
City ort Worth, Texas
Mayor and Council Communication
IIIMWWMI IIIpIlpppplNNM001111110111 WIINW IBNpYI.Po.WNIIIIIIIIl011MWIIIIIIIIIIIIIIIIIIIIMpIpNMMWWWWWllllp pIIIIIIWO�iW.WWWIW. Ii01NVWI0101Y0001WYIWNWBWIIIWIIIIIIIIIl011IIIppI0W01WtlIMMWMWWWIWWWIW.WMWIIfdGtIMpIMIIMIIIp @IIIINOOIIWIIIIIpJlll yryW ,rypp
OLI CIL ACTION,:, Approved on 9/15/2015 - Ordinance Nos. 21889-09-2015 &2,189 9
2016
DATE: Tuesday, September 15, 2015 REFERENCE NO.: C-27461
LOG NAME 17ED UNTHSC-BAC1
SUBJECT:
Authorize Execution of Agreement with the University of North Texas Heatt°i Science Canter at Fort Worth
to Accept a Grant in e Amount of$1,0001,000.00 from the State of Texas for Operations of the Fort Worth
Business Assistance Center as well as Renovations and Upkeep of Buildings on the Guinn Elementary
School Campus, Authorize Waiver of Application of Indirect Cost Bates„ Authorize Use of Interest in the
Amount Up to $6,000.00@ and Adopt Appropriation Ordinances (COUNCIL DISTRICT )
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the execution of n Agreement with the University of North Texas Health Science Center at
Fort North to accept; and receive grant funds from the State of Texas in the amount of 1,000,000.00 (the
amount of$500,000.00 during the State's current Fiscal Year of September 1, 2015 to August 31, 201
and the amount of$500,000.00 in the State's Fiscal Year of September 1, 2016 to August 31, 17) for
operation oft the Fort Worth Business Assistance Center as well as renovations and upkeep of buildings on
the Guinn Elementary School Campus',
2. Authorize a waiver of indirect cost rates as applicable for the Gu ants Fund in accordance with the City's
Administrative Regulations;
3. Adopt the attached interim appropriation ordinance increasing estimated receipts and appropriations in
e Grants Fund in the amount up to $250„000.00 for interim financing of this grant and providing for
reduction in the same amount if grant funds are not receivedp and
4. Adopt the attached final appropriation ordinance increasing estimated receipts and appropriations in
e Grants Fund in the amount of$756,000.00, over the current and next fiscal years, subject to receipt of
the grant funds and interest income.
DISCUSSION:
Beginning with the 79th Legislature of the State of Texas (2005), the State's Biennial General
Appropriations Act has appropriated the amount of$11 million -to the University of North Texas Health
Science Center (UNTHSC) for joint economic development and technology commercialization activities of
O UNTHSC, TECH Fort Worth, and the City of Fort Worth for renovations at the Guinn School Campus and
Business Assistance Center operations.
In the 84th Legislature (2015), the State approved grant fUnd'ing in the amount of 3,410,000.00 for the
partnership between the City and UNTHSC for the o years beginning September 1, 2015, Of this grant,
the amount of 2,410„000.00 has been appropriated to U!NT°HSC and TECH Fort Worth and the remaining
amount of 1,000„000.00 is allocated to the City during this biennium to be received in two installments.
Lo6ma : 17 ED t...NT"14S ; BAC15 Page t of 2
Interim financing is necessary to provide transition from one grant funding period tote next. No matching
funds are required from the City for this program.
For the State's current fiscal year, which ends August 31, 2016, the City will receive the amount of
$500,000,00, The second installment in the amount of$500,000.00 will be disbursed next year during the
State's 2017 Fiscal Year, These funds will be used to administer the Fort Worth Business Assistance
Center (BAC) Program, and fund the Fiscal Year 2015-2017 contract with the BAC Education Foundation
for the Idea Works Business Incubator [loused in the elementary building at the historic James E. Guinn
Campus,
The Guinn School property is located in COUNCIL DISTRICT 8, Mapsco '77J.
...........
FISCAL INFORMATION CERTIFICATION:
The Financial Management Services Director certifies that upon approval of the above recommendations,
receipt oft e grant and adoption of the attached appropriation ordinances, funds will be available in the
current operating budget, as appropriated, of the Grants Fund.
FUND CENTERS:
TO Fund/Account/Centers FROM Fund/Account/Centers
3121002 4371013 017ED B1
$2-o-sommo M�000-0
100 1358001 XXXXXXX
UNTHSC
3 2100 L 5XXXXX fL0,17ED BAC
UNTHSC K�9.Q-QQ.-Q-0
jhZI 002 2088L100 017ED BAQ V.59.0
- Q
UNTHSC 000
4) 21002 4371013 01 ED BAC �..L59
UNTHSC . ...190.0,00
4�21002 4fLI 1010 D17ED BAC
UNTHSC IIDOO-00
4J 21002 5X X, 017E10 6AC
$_T�5-600Q,00
UNTHSC
CERTIFICATIONS:
Submitted for Qity.Manag—e1s0ff1Ce-tW Jay Chiapa (6116)
Orjgmating Department Plead: Robert Sturns (2663)
Additional Information Contact- Robert Sturns (2663)
1,ogname: 17ED UNITISCI-BAC15 Page 2 of 2